2019 is turning out to be great for Indian internet ventures. It’s not even mid-way into the year, and the country has already seen two internet firms achieve unicorn valuations, and at least one more is close to the milestone.…

Vodafone Idea Limited (VIL) is believed to have finalised a new $700-800 million (Rs4,900 crore-5,600 crore) five-year technology outsourcing contract with IBM, a deal that is expected to contribute a major part to the Rs8,400 crore annual opex savings that…

Vodafone Idea is believed to have finalised a new $700-800 million (Rs4,900 crore-5,600 crore) five-year technology outsourcing contract with IBM, a deal that is expected to contribute a major part to the Rs8,400 crore annual opex savings that the telecom…

Bharti Airtel has temporarily extended its technology outsourcing contract with IBM till January end, and is in talks with the US firm for a new contract after that, which could be narrower in scope and lower in value, at $200-250…

Rajan Anandan, who led Google’s operations in India and South-East Asia, is leaving the company to join Sequoia Capital India. Anandan, who had an eight-year stint at Alphabet Inc.’s Google, will become managing director at Sequoia Capital India, the venture capital…

Low-profile Indian tech company InMobi aims to take advantage of the headwinds facing Google and Facebook to grab a bigger share of the nearly $140 billion market for online advertising. The Bangalore-based company, which brings together advertisers and app developers,…

Within a week of its launch in India, international music streaming platform Spotify made headlines by clocking one million users. While it is late to the party — Apple Music, Amazon Music and Google Play Music have been around, along with long-standing Indian players…

It might be late to the party, but the Swedish music streaming app Spotify is trying really hard to make up for the lost time in India. The Stockholm-based company launched in the country yesterday (Feb. 27) with freebies and…

In proposing to tighten the rules around e-commerce, India is both offering respite and ruffling feathers in equal measure. The draft e-commerce policy released by the Modi government on Feb. 23 is poised to shake up the country’s nearly $40 billion (around Rs2.8 lakh crore) online…

Following the ‘data is oil’ argument often used by businesses, the latest e-commerce policy draft focuses on different aspects of data localisation, while also seeking to establish data as an economic resource, said experts. The government has made its intent to regulate…

Amazon is working with brands across sectors to enable them to build skills on its Alexa platform. From daily news updates to smart-home integrations, banking services, food ordering and cab hailing, Alexa has been equipped with skills as the service expands.…

Intel India saw profits grow 4.6% to Rs 379 crore and revenue by 23% to Rs 4,149 crore in fiscal 2018, according to the company's filings with the Registrar of Companies (RoC). The company has seen increased competition from peers such as…

The huge blow to British Prime Minister Theresa May’s Brexit deal in the House of Commons has further complicated an already-uncertain environment for Indian IT services firms. The UK is the second-largest market for the Indian IT industry after the US, and…

On Jan. 15, video streaming service, Netflix, made headlines as it increased its subscription cost by 13-18% across the US and Latin America. This is the biggest increase by the company since its inception 12 years ago and will impact 58 million American subscribers,…

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